ipodeckby IPO Central
Lead Managers

Beeline Capital Advisors: IPO Track Record

The second-busiest SME lead manager in the data (61 SME IPOs). Only 1 of its 67 IPOs closed below the issue price on listing day, and all 20 since 2025 opened above it.

Listed IPOs
67
6 mainboard, 61 SME
Amount raised
INR 3,487.31 crore
2023 to 2026
Median gain at open
+25%
listing day, vs issue price
Median gain at close
+28.21%
listing day, vs issue price
Opened above issue price
97.01%
share of listings
Closed below issue price
1.49%
on listing day
Median subscription
154.88x
total, final day
Vs same-year IPOs
+8.86
percentage points; median gap at open

Best listing: Winsol Engineers (+386.67% at open, 14 May 2024). Weakest: Dev Labtech (0% at open, 29 March 2023).

An IPO with several lead managers counts towards each of them.

Mainboard vs SME

SegmentIPOsMedian gain at openMedian gain at closeOpened above issueClosed below issueMedian subscription
Mainboard6+7.14%+11.50%100%0%70.35x
SME61+29.30%+31.36%96.72%1.64%174.50x

Year by Year

YearIPOsMedian gain at openMedian gain at closeOpened above issueMedian subscription
20264+8.43%+8.02%100%129.45x
202516+9.49%+13.36%100%87.58x
202426+90%+99.48%100%340.36x
202321+11.11%+16.67%90.48%82.76x

All 67 IPOs Managed

IPOListedSegmentIssue price (INR)Issue size (INR crore)SubscriptionOpen (INR)Close (INR)Gain at openGain at close
Shah Investor's Home6 October 2026Mainboard16790.1738.12x171173.79+2.40%+4.07%
Kratikal Tech7 July 2026SME (BSE)13539.69220.79x192182.40+42.22%+35.11%
Om Power Transmission17 April 2026Mainboard175150.063.33x186193.38+6.29%+10.50%
Modern Diagnostic & Research7 January 2026SME (BSE)9036.89376.97x99.5094.99+10.56%+5.54%
Apollo Techno31 December 2025SME (BSE)13047.9650.71x145151.95+11.54%+16.88%
Jay Ambe Supermarkets17 September 2025SME (BSE)7818.4545.09x7982.95+1.28%+6.35%
Amanta Healthcare9 September 2025Mainboard12612682.60x135141.75+7.14%+12.50%
Shreeji Shipping Global26 August 2025Mainboard252410.7158.10x270255.10+7.14%+1.23%
Connplex Cinemas14 August 2025SME (NSE)17790.2735.76x195186.90+10.17%+5.59%
BLT Logistics11 August 2025SME (BSE)759.72560.91x90.9595.49+21.27%+27.32%
Monarch Surveyors29 July 2025SME (BSE)25093.75250.73x421.25400.20+68.50%+60.08%
Cryogenic OGS10 July 2025SME (BSE)4717.77695.02x89.3093.76+90%+99.49%
Neptune Petrochemicals4 June 2025SME (NSE)12273.204.19x132.75139.35+8.81%+14.22%
Borana Weaves27 May 2025Mainboard216144.89148.78x243255.15+12.50%+18.13%
Identixweb3 April 2025SME (BSE)5416.6326.23x5557.75+1.85%+6.94%
Solarium Green Energy13 February 2025SME (BSE)191105.048.93x202211.90+5.76%+10.94%
HM Electro Mech31 January 2025SME (BSE)7527.7492.57x8177.04+8%+2.72%
BR Goyal Infrastructure14 January 2025SME (BSE)13585.21118.16x135.75142.50+0.56%+5.56%
Parmeshwar Metal9 January 2025SME (BSE)6124.74607.14x84.5088.72+38.52%+45.44%
Anya Polytech and Fertilizers2 January 2025SME (NSE)1444.80440.03x17.1017.95+22.14%+28.21%
Mamata Machinery27 December 2024Mainboard243179.35194.95x600630+146.91%+159.26%
Toss The Coin17 December 2024SME (BSE)1829.171,025.84x345.80363.05+90%+99.48%
Nisus Finance11 December 2024SME (BSE)180114.24177.22x225236.25+25%+31.25%
SD Retail27 September 2024SME (NSE)13164.9897.16x145150.90+10.69%+15.19%
Mach Conferences11 September 2024SME (BSE)225125.28181.98x300295.55+33.33%+31.36%
Indian Phosphate3 September 2024SME (NSE)9967.36264.74x188.10178.70+90%+80.51%
Positron Energy20 August 2024SME (NSE)25051.21413.05x475498.75+90%+99.50%
Ashapura Logistics6 August 2024SME (NSE)14452.66182.73x185175.75+28.47%+22.05%
V. L. Infraprojects30 July 2024SME (NSE)4218.52633.66x79.8083.75+90%+99.40%
Sati Poly plast22 July 2024SME (NSE)13017.36498.77x247259.35+90%+99.50%
Dindigul Farm Product27 June 2024SME (BSE)5434.83188.13x102.60107.73+90%+99.50%
United Cotfab24 June 2024SME (BSE)7036.29107.22x7578.75+7.14%+12.50%
Beacon Trusteeship4 June 2024SME (NSE)6032.52465.08x9094.50+50%+57.50%
Rulka Electricals24 May 2024SME (NSE)23526.40676.90x525498.75+123.40%+112.23%
Piotex Industries17 May 2024SME (BSE)9414.47107.50x109114.30+15.96%+21.60%
Winsol Engineers14 May 2024SME (NSE)7523.36682.21x365383.25+386.67%+411%
Emmforce Autotech30 April 2024SME (BSE)9853.90338.87x186.20195.51+90%+99.50%
Greenhitech Ventures22 April 2024SME (BSE)506.30770.01x9599.75+90%+99.50%
TAC Infosec5 April 2024SME (NSE)10629.99421.96x290304.50+173.58%+187.26%
KP Green Engineering22 March 2024SME (BSE)144189.5029.58x200210+38.89%+45.83%
Pratham EPC18 March 2024SME (NSE)7536178.62x113.30118.95+51.07%+58.60%
V R Infraspace12 March 2024SME (NSE)8520.4087.93x9087.40+5.88%+2.82%
Rudra Gas15 February 2024SME (BSE)6314.16350.80x119.70125.68+90%+99.49%
Fonebox Retail2 February 2024SME (NSE)7020.37657.37x200210+185.71%+200%
Konstelec Engineers30 January 2024SME (NSE)7028.70341.85x210220.50+200%+215%
Australian Premium Solar18 January 2024SME (NSE)5428.08430.77x140147+159.26%+172.22%
Indifra29 December 2023SME (NSE)6514.046.89x7268.40+10.77%+5.23%
Benchmark Computer Solutions21 December 2023SME (BSE)6612.24206.51x8077.12+21.21%+16.85%
Sheetal Universal11 December 2023SME (NSE)7023.80162.53x7575.40+7.14%+7.71%
Rajgor Castor31 October 2023SME (NSE)5047.8197.73x5961.10+18%+22.20%
Arvind and Company Shipping25 October 2023SME (NSE)4514.74359.62x8080.05+77.78%+77.89%
Karnika Industries12 October 2023SME (NSE)7625.072.96x8182.60+6.58%+8.68%
Hi-Green Carbon28 September 2023SME (NSE)7552.80154.88x7780.85+2.67%+7.80%
Kody Technolab27 September 2023SME (NSE)16027.5245.03x170178.50+6.25%+11.56%
Chavda Infra25 September 2023SME (NSE)6543.26126.07x9186.45+40%+33%
Vinsys IT11 August 2023SME (NSE)12849.8482.76x207.25217.60+61.91%+70%
Shri Techtex4 August 2023SME (NSE)6145.14138.02x81.1585.20+33.03%+39.67%
Ahasolar Technologies21 July 2023SME (BSE)15712.8533.04x203213.15+29.30%+35.76%
Pentagon Rubber7 July 2023SME (NSE)7016.1798.82x130123.50+85.71%+76.43%
Remus Pharmaceuticals29 May 2023SME (NSE)1,22947.6956.59x1,711.251,796.80+39.24%+46.20%
Sotac Pharmaceuticals13 April 2023SME (NSE)11133.301.07x115120.75+3.60%+8.78%
Dev Labtech29 March 2023SME (BSE)5111.221.67x5150.210%-1.55%
Vertexplus Technologies15 March 2023SME (NSE)9614.2010.46x101106.05+5.21%+10.47%
Viaz Tyres1 March 2023SME (NSE)62205.48x6868.05+9.68%+9.76%
Transvoy Logistics2 February 2023SME (BSE)715.11174.50x7174.550%+5%
Aristo Bio-Tech30 January 2023SME (NSE)7213.05206.77x8084+11.11%+16.67%
RBM Infracon4 January 2023SME (NSE)368.3738.29x52.5055.10+45.83%+53.06%